1B, TH10/CR96 Preliminary Design Issues & Positions

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ARDEN HILLS CITY COUNCIL - March 10,2008 DRAFT 18 MOTION: Mayor Harpstead moved and Councilmember Holden seconded a motion to table Resolution No. 2008-020, Approving Preliminary Interstate 694, Highway 10 and County Road 96 project until the City Council W orksession on March 17, 2008. Councilmember Grant stated that Resolution No. 2008-020 could be ready for a vote on March 31, 2008. The motion carried unanimously (5-0). B. A royal of Res Amendment to the RRLD, LLC. Administrator Willis stated the ex . g preliminary agreement with RRLD, LL ires at the end of March. The agre ent was approved last year with the expecta that the process would move forw ore rapidly. He stated that it was proposed tend the agreement for an addition ear. The budget that was originally set up this project still has approxima half the funds remaining so there would be need to amend the budget at this t there may be before the end of the next twelv nths. Councilmember Holde seconded a motion to appro Second Amendment to the Preli D,LLC. oved and Councilmember rant esolution No. 2008-021, Appr . ary Development Agreement Councilmembe olden asked if there was a clause i e agreement that allowed the City to negotiat . there is a shortage of funding. Interim City Administr r Willis stated that if there was a ed for additional funding then both parties h the opportunity and obligation to t together and discuss it. There will be a nee discuss a budget amendment in th ture and the developer is aware if this. tion carried unanimously (5-0). Assistant City Ad istrator Simon stated that the 'ry had received a letter from one of the partners 0 e Super 8 Motel requesting e City to opt out of the